Tax

The measure would have allowed the city council to increase transfer levies on upmarket residential and commercial property sales.

Notice 2024-30 expands rules for determining an "energy community," among other things.

An unlikely pair of senators is teaming up to propose legislation to eliminate tax breaks for corporate M&A activity.

The Internal Revenue Service has been making progress on catching up with its backlog of unprocessed tax returns, but more work needs to be done, according to a new report.

With the IRS continuing to launch promoter audits, it is important that anyone subject to such an audit consider a few strategic issues.

The Internal Revenue Service's efforts to halt fraudulent claims for the Employee Retention Credit have protected more than $1 billion since the agency instituted a processing moratorium.

Dan Rotta, 77, was charged in Miami with hiding assets from the IRS in two dozen secret Swiss accounts between 1985 and 2020.

The gang's all here; not in good hands; lack of redemption; and other highlights of recent tax cases.

The Senate Finance Committee held a hearing to discuss the Biden administration's recently unveiled budget and tax proposals, as tax experts try to predict what will happen after the election.

A congressional hearing with the Treasury secretary presaged a partisan battle over sweeping reductions set to expire at the end of next year.